Invest 2035: the UK’s modern industrial strategy

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Industrial Strategy

Share your views

Industrial Strategy

Share your views

Home > Business Support > Invest 2035: Dorset Chamber Member Feedback

The Government has prioritised growth as its number one mission, with a new industrial strategy driving this forward.

Their new green paper sets out its vision for the new industrial strategy – and the Government wants your input, views and responses.

The response to this green paper will be included in the final industrial strategy and growth-driving sector plans, to be published alongside the spending review in spring 2025. The industrial strategy’s implementation will be driven through dedicated teams, working closely with the Industrial Strategy Advisory Council.

Your response / input / feedback is sought across a broad range of areas which can be completed in the form below. Dorset Chamber will share your input with the Government.

You can respond to all of these areas or just those relevant to you.

Feedback can be anonymous – or you can choose to include your details and arrange for a further follow up conversation.

Please complete the form by 9 December 2024. If you have any questions or would like to arrange a meeting to discuss any of the topics in more detail, please contact caroline.sharp@dorsetchamber.co.uk

Read: Invest 2035: the UK's modern industrial strategy

Industrial Strategy 2024 Dorset Response

Name

First Last

Business name

Sector Methodology

1. How should the UK government identify the most important subsectors for delivering our objectives?

2. How should the UK government account for emerging sectors and technologies for which conventional data sources are less appropriate?

3. How should the UK government incorporate foundational sectors and value chains into this analysis?

Sectors

4. What are the most important subsectors and technologies that the UK government should focus on and why?

5. What are the UK’s strengths and capabilities in these sub sectors?

6. What are the key enablers and barriers to growth in these sub sectors and how could the UK government address them?

Business Environment

7. What are the most significant barriers to investment? Do they vary across the growth-driving sectors? What evidence can you share to illustrate this?

Business Environment - People and Skills

8. Where you identified barriers in response to Question 7 which relate to people and skills (including issues such as delivery of employment support, careers, and skills provision), what UK government policy solutions could best address these?

9. What more could be done to achieve a step change in employer investment in training in the growth-driving sectors?

Business Environment - Innovation

10. Where you identified barriers in response to Question 7 which relate to RDI and technology adoption and diffusion, what policy solutions could best address these?

11. What are the barriers to R&D commercialisation that the UK government should be considering?

Business Environment - Data

12. How can the UK government best use data to support the delivery of the Industrial Strategy?

13. What challenges or barriers to sharing or accessing data could the UK government remove to help improve business operations and decision making? the delivery of the Industrial Strategy?

Business Environment - Infrastructure

14. Where you identified barriers in response to Question 7 which relate to planning, infrastructure and transport, what UK government policy solutions could best address these in addition to existing reforms? How can this best support regional growth?

15. How can investment into infrastructure support the Industrial Strategy? What can the UK government do to better support this and facilitate co-investment? How does this differ across infrastructure classes?

Business Environment - Energy

16. What are the barriers to competitive industrial activity and increased electrification, beyond those set out in response to the UK government’s recent Call for Evidence on industrial electrification?

17. What examples of international best practice to support businesses on energy, for example Purchase Power Agreements, would you recommend to increase investment and growth?

Business Environment - Competition

18. Where you identified barriers in response to Question 7 which relate to competition, what evidence can you share to illustrate their impact and what solutions could best address them?

19. How can regulatory and competition institutions best drive market dynamism to boost economic activity and growth?

Business Environment - Regulation

20. Do you have suggestions on where regulation can be reformed or introduced to encourage growth and innovation, including addressing any barriers you identified in Question 7?

Business Environment - Crowding in Investment

21. What are the main factors that influence businesses’ investment decisions? Do these differ for the growth-driving sectors and based on the nature of the investment (e.g. buildings, machinery & equipment, vehicles, software, RDI, workforce skills) and types of firms (large, small, domestic, international, across different regions)?

Business Environment - Mobilising Capital

22. What are the main barriers faced by companies who are seeking finance to scale up in the UK or by investors who are seeking to deploy capital, and do those barriers vary for the growth-driving sectors? How can addressing these barriers enable more global players in the UK?

23. The UK government currently seeks to support growth through a range of financial instruments including grants, loans, guarantees and equity. Are there additional instruments of which you have experience in other jurisdictions, which could encourage strategic investment?

Business Environment – Trade and International Partnerships

24. How can international partnerships (government-to-government or government-to-business) support the Industrial Strategy?

25. Which international markets do you see as the greatest opportunity for the growth-driving sectors and how does it differ by sector?

Place

26. Do you agree with this characterisation of clusters? Are there any additional characteristics of dimensions of cluster definition and strength we should consider, such as the difference between services clusters and manufacturing clusters?

27. What public and private sector interventions are needed to make strategic industrial sites ‘investment-ready’? How should we determine which sites across the UK are most critical for unlocking this investment?

28. How should the Industrial Strategy accelerate growth in city regions and clusters of growth sectors across the UK through Local Growth Plans and other policy mechanisms?

29. How should the Industrial Strategy align with devolved government economic strategies and support the sectoral strengths of Scotland, Wales, and Northern Ireland?

Partnerships and Institutions

30. How can the Industrial Strategy Council best support the UK government to deliver and monitor the Industrial Strategy?

31. How should the Industrial Strategy Council interact with key non-government institutions and organisations?

32. How can we improve the interface between the Industrial Strategy Council and government, business, local leaders and trade unions?

Theory of Change

33. How could the analytical framework (e.g. identifying intermediate outcomes) for the Industrial Strategy be strengthened?

34. What are the key risks and assumptions we should embed in the logical model underpinning the Theory of Change?

35. How would you monitor and evaluate the Industrial Strategy, including metrics?

36. Is there any additional information you would like to provide?

I'm happy for Dorset Chamber to contact me in relation to my comments and feedback.

Yes

Invest 2035: the UK’s modern industrial strategy

Industrial Strategy

Industrial Strategy

Industrial Strategy 2024 Dorset Response

Sector Methodology

Sectors

Business Environment

Business Environment - People and Skills

Business Environment - Innovation

Business Environment - Data

Business Environment - Infrastructure

Business Environment - Energy

Business Environment - Competition

Business Environment - Regulation

Business Environment - Crowding in Investment

Business Environment - Mobilising Capital

Business Environment – Trade and International Partnerships

Place

Partnerships and Institutions

Theory of Change

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